Bangladesh to buy more domestic rice to boost reserves
date:Feb 27, 2014
ple for Bangladesh's 160 million people, but wheat consumption is also rising due to economic growth and lifestyle changes. It often needs to import rice to cope with shortages caused by floods or droughts.

Late in 2012, the government was considering lifting a four-year old ban on rice exports to support farmers as record crops and bulging domestic reserves pushed prices below production costs.

But prices soared in January 2013, and the government backed off of scrapping the export ban.

The
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